EIA: US Propane/Propylene Stocks Decreased 22.7% Year-over-Year


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN)-- The Energy Information Administration reports total 
domestic propane/propylene stocks of 48.176 million bbl in the week ending May 
2, up 970,000 bbl week-on-week and 10.916 million bbl, or 22.7% lower than in 
the same week last year.
Data show propane/propylene exports last week averaged 1.668 million bpd, down 
314,000 bpd week-on-week and 97,000 bpd, or 5.8%, lower than in the same week 
last year.
Implied demand for propane/propylene in the United States averaged 1.101 
million bpd, up 223,000 bpd week-on-week and 280,000 bpd, or 25.4% higher than 
in the same week last year.
EIA reports domestic propane/propylene production averaged 2.822 million bpd, 
down 30,000 bpd week-on-week and 1,000 bpd, or 0% higher than in the same week 
last year.
East Coast PADD 1 inventories ended the week at 4.102 million bbl, up 91,000 
bbl week-on-week and 978,000 bbl, or 23.8% lower than in the same week last 
year.
Midwest PADD 2 inventories ended the week at 10.231 million bbl, up 196,000 bbl 
week-on-week and 4.558 million bbl, or 44.6% lower than in the same week last 
year.
Gulf Coast PADD 3 inventories ended the week at 31.035 million bbl, up 513,000 
bbl week-on-week and 4.459 million bbl, or 14.4% lower than in the same week 
last year.
Combined inventories in the Rockies and the West Coast, PADD 4 and 5, ended the 
week at 2.808 million bbl, up 171,000 bbl week-on-week and 921,000 bbl, or 
32.8% lower than in the same week last year.




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